JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Short Interest Up 39.8% in January

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the recipient of a large increase in short interest during the month of January. As of January 30th, there was short interest totaling 166,095 shares, an increase of 39.8% from the January 15th total of 118,787 shares. Based on an average daily volume of 723,108 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 723,108 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On JPMorgan U.S. Quality Factor ETF

Several large investors have recently modified their holdings of JQUA. Atlantic Union Bankshares Corp bought a new position in JPMorgan U.S. Quality Factor ETF during the second quarter valued at $25,000. Operose Advisors LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after buying an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter worth $39,000. Harbour Investments Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 26.5% in the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares during the last quarter. Finally, Parkworth Wealth Management Inc. bought a new stake in JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at about $55,000.

JPMorgan U.S. Quality Factor ETF Stock Up 0.7%

JQUA traded up $0.42 during trading on Monday, hitting $63.75. 2,229,001 shares of the company traded hands, compared to its average volume of 754,147. The firm has a market cap of $7.55 billion, a P/E ratio of 23.86 and a beta of 0.93. The stock’s fifty day moving average is $63.91 and its 200 day moving average is $62.78. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $64.90.

JPMorgan U.S. Quality Factor ETF Company Profile

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.